2 Jul 2014 - Fund Review: Optimal Australia Absolute Trust May 2014

Attached is our most recently updated Fund Review on the Optimal Australia Absolute Trust.  

We would like to highlight the following:

• Optimal Australia is a specialist Australian equity investment manager and the Fund has a long/short equity strategy typically with a low but variable net market exposure comprising 40 to 65 stocks broadly selected from within the ASX200.
• The Fund returned 1.40% in May with an annual return of 4.81% and a very low standard deviation of 1.70% (ASX 200 Acc 8.87%).
• The Fund has recorded out-performance of the market since inception in September 2008 with approximately 84% of monthly performances having positive returns and the largest drawdown was -1.38% (Index -33.11%). 
• The Fund has sound Sharpe and Sortino ratios at 1.78 and 5.22 since inception, as compared to the Index ratios of 0.21 and 0.18 respectively.
• The investment team comprising George Colman, Peter Whiting supported by Stephen Nicholls and Justin Hay have over 100 years combined experience in equity markets.

For further details on the Fund, please do not hesitate to contact us.

Sean Webster

Research and Database Manager
Australian Fund Monitors